YUKOS DENIES MEDIA ALLEGATIONS OF MONEY LAUNDERING IN SPAIN

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MOSCOW, March 12 (RIA Novosti) - Yukos denies Spanish media allegations of money laundering in Spain.

"It is absurd. One could just as well claim that we laundered money on Mars," Yukos spokesman Alexander Shadrin told RIA Novosti.

"This is my official comment on these allegations," he pointed out.

The Russian Prosecutor General's Office has so far made no comment on the inquiry into a money laundering case currently under way in Spain.

"The Russian Prosecutor General's Office has not approached the Spanish authorities on this account," the Prosecutor General's Office spokesperson told RIA Novosti.

On Saturday, the leading Spanish news agency EFE reported that the Russian oil company Yukos was involved in a high-profile scandal currently under investigation in Spain with regard to a 250 million euros laundering scam in the town of Marbella (Malaga province).

"Yukos used to transfer money via the Netherlands to the Del Valle Abogados law firm in Marbella," EFE alleges, referring to materials of the Marbella money laundering inquiry.

"Yukos is the chief entity under investigation as the company was one of Del Valle Abogados' principal clients," the Spanish news agency reports.

"41 individuals of diverse nationalities have been arrested to date by law enforcers investigating the case. The inquiry has assumed such proportions that Europol and Interpol have joined in to coordinate police operations currently under way in a number of countries," the leading Spanish news agency says.

"Multimillion bank accounts, two private planes in the Malaga airport and a posh leisure yacht in Puerto Banus have been arrested in the course of the ongoing large-scale police operation in addition to 42 expensive cars confiscated in Marbella," EFE reports.

According to the Spanish news agency, the individuals arrested in Marbella, Cadiz and Alicante are suspected not only of money laundering but also of murder, kidnapping, banditry, drugs trafficking, compulsion to prostitution, tax evasion and stock exchange machinations.

Marbella, as Spanish media have repeatedly pointed out, is a centre of the local and international mob activities, involving, among other things, major money laundering schemes used to legalize huge amounts of cash of both domestic and foreign origin.

The EFE report quickly appeared in the news bulletins of other Spanish information agencies. It was also broadcasted by the Spanish National Radio as the news of the hour.

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